Is There a Debt-threshold Effect on Output Growth? /

This paper studies the long-run impact of public debt expansion on economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. Our contribution is both theoretical and empirical. On the theoretical side, we develop tests for threshold effects in the conte...

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Bibliografske podrobnosti
Glavni avtor: Chudik, Alexander
Drugi avtorji: Mohaddes, Kamiar, Pesaran, M., Raissi, Mehdi
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2015.
Serija:IMF Working Papers; Working Paper ; No. 2015/197
Online dostop:Full text available on IMF